The Hawk, however, made no further movement—Mr. Kirschell's actions suggested that it would be unwise. The man, though apparently occupied with some mail which he had taken from his pocket, kept glancing impatiently at his watch. It was quite evident that he was expecting some one every moment. The Hawk frowned perplexedly. The message that night, even when deciphered, left much, too much, to the imagination! It was quite possible that Mr. Kirschell was to be relieved of his cash box with more address and finesse than by the bald expedient of ruining Mr. Kirschell's safe! This appointment, for instance, might—and then the Hawk smiled queerly again.

The corridor door had opened and closed for the second time. A heavy step traversed the outer office, and a man, hat in hand, in cheap store clothes, stood before Mr. Krischell's desk.

“Mentioned in dispatches!” said the Hawk very softly to himself. “I guess that's Calhoun. So that's the game—eh?”

“You're late, Mr. Calhoun!” Kirschell greeted the other sharply. “Five minutes late! I have put myself to considerable inconvenience to give you this appointment.”

Calhoun's hair was tossed, there was a smudge across his cheek, and his hands were grimy, as though he had just come from work. He was a big man, powerfully shouldered. His grey eyes were not friendly as they met Kirschell's.

“I couldn't help it,” he said shortly. “I've been up the line all day. I told you I couldn't get here until about this time.”

“Well, all right, all right!” said Kirschell impatiently. “But, now that you are here, are you prepared to settle?”

“I can give you a small payment on account, that's the best I can do,” Calhoun answered.

Kirschell tilted back in his swivel chair, and frowned as he tapped the edge of his desk with a paper cutter.

“How much?” he demanded coldly.